Investing in Public Companies

In 1970, I decided to go into business advising other family groups. Private investing was much more exciting than being in international paper because I could really get into the guts of the company and be involved. In my third firm, which I started two and a half years ago, I also started with a woman named Abby Levy, called Primetime Partners. And now Primetime is a small fund to start with, $50 million. Hopefully, some days soon, we'll be doing Primetime too, but not at the moment.